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Our government is borrowing money to prop up the banks because they are defunct and lost trillions of dollars as the foreclosures continue. As this president throws away money at the tax payers expense, the American people and generations coming will be heavily burdened with debt through taxes. The big economic cover up continues as the fed prints more money .
//Sarcasm OffWhy do so many people today believe with all their hearts government knows best how to accomplish anything? The only thing government accomplishes is driving up the cost, establishing monopolies and screwing up the works.
.......... and the new jobs for the month came in at a disappointing 130,000 (need 200,000 to "break even). New jobs created last month (most of which were part time and celebrated by the liberals) was revised downward.
Thank goodness we are seeing what Jimmy Carter's second administration would have looked like. For those of us who know better, we did not necessarily have to put the nation through four more years of misery. However, to liberals who do not know better (particularly the college grads) they deserve all the misery Obama can meter out.
.......... and the new jobs for the month came in at a disappointing 130,000 (need 200,000 to "break even). New jobs created last month (most of which were part time and celebrated by the liberals) was revised downward.
Thank goodness we are seeing what Jimmy Carter's second administration would have looked like. For those of us who know better, we did not necessarily have to put the nation through four more years of misery. However, to liberals who do not know better (particularly the college grads) they deserve all the misery Obama can meter out.
Thank You,
for saying who do not know better, they key word.
borrowing money to keep the banks going, who and when do we pay the money back? The stock market is doing well, I love it, but most including the economists will tell us, the stock market is controlled more by world affairs, than national happenings: home loans below 4%, can't continue, sooner or later we will return to the 6,8 and 10% loans, what then? Slowly improving job market, great and yes, it is improving, but take away the under employed and those working part time or no longer looking for work and the market isn't all sunshine and smiley. Plus most of us, who have been around for awhile and use our heads, know recessions come and go. This one was worse and has taken much longer to recover. So, no, I can't say he has done exactly what he said he would do, he hasn't done most of what he set out to do, but he has done a great job of convincing some what a wonderful Pres he is. Of course less than 50% believe him and the numbers seem to be going down each week.
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